After leaving Allianz Deutschland, Dr. Markus Riess has joined Ergo as CEO and Munich Re’s management board. Ergo is a wholly-owned subsidiary of Munich Re, which operates under the brand names Ergo, Victoria, DKV and others.
Munich Re’s CEO Nikolaus von Bomhard has no known successor and has not announced any plans to retire, despite the fact that he will reach the mandatory retirement age of 60 in 2016. Riess’s appointment to Munich Re’s management board is not a matter of course and may be an indication of things to come.

The Author

Eric Muller-Borle

Global Benefits Vision founder and expert in global compensation & employee benefits, global mobility and insurance at large. A former industry executive and management consultant, Eric leads a team dedicated to provide accurate, high value business information to today's practitioners.